XTX Topco Ltd Has $1.93 Million Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

XTX Topco Ltd lifted its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 542.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,836 shares of the specialty retailer's stock after purchasing an additional 18,436 shares during the period. XTX Topco Ltd's holdings in Five Below were worth $1,929,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Paladin Wealth LLC bought a new position in Five Below during the 3rd quarter worth $26,000. Brooklyn Investment Group bought a new position in Five Below during the third quarter worth about $30,000. Hobbs Group Advisors LLC acquired a new stake in Five Below in the 2nd quarter worth about $44,000. Partnership Wealth Management LLC raised its stake in Five Below by 63.5% in the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer's stock worth $46,000 after purchasing an additional 200 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Five Below in the 2nd quarter valued at about $50,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on FIVE. Mizuho upped their target price on Five Below from $90.00 to $105.00 and gave the company a "neutral" rating in a research report on Friday. Evercore ISI upped their price objective on shares of Five Below from $100.00 to $104.00 and gave the stock an "in-line" rating in a research report on Tuesday, October 22nd. Guggenheim raised their target price on shares of Five Below from $125.00 to $140.00 and gave the company a "buy" rating in a report on Thursday. Loop Capital upped their price target on shares of Five Below from $90.00 to $120.00 and gave the stock a "hold" rating in a report on Thursday. Finally, Telsey Advisory Group increased their price target on shares of Five Below from $95.00 to $115.00 and gave the stock a "market perform" rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $116.15.

Five Below Trading Down 2.8 %

FIVE stock traded down $3.24 during midday trading on Friday, hitting $112.73. The stock had a trading volume of 2,392,844 shares, compared to its average volume of 1,961,010. The business has a fifty day moving average price of $91.79 and a two-hundred day moving average price of $94.37. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $216.18. The firm has a market cap of $6.20 billion, a P/E ratio of 23.24, a price-to-earnings-growth ratio of 1.16 and a beta of 1.18.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.16 by $0.26. Five Below had a return on equity of 18.10% and a net margin of 7.02%. The business had revenue of $843.71 million during the quarter, compared to analysts' expectations of $801.48 million. During the same quarter last year, the firm posted $0.26 earnings per share. The firm's revenue was up 14.6% on a year-over-year basis. On average, equities analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Five Below Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.